Philadelphia Youth For Change
- Assets
- $8.7m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 90
- Location
- Philadelphia, PA
- Founding
- 07/1993
- Data as of
- 06/2022
- EIN
- 23-2728467
Organization Overview
Philadelphia Youth For Change is located in Philadelphia, PA. The organization was established in 1993. As of 06/2022, Philadelphia Youth For Change employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Youth For Change is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Philadelphia Youth For Change generated $8.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $5.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE FORM 990, PAGE 2, PART III, LINE 1 FOR DETAILS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTHBUILD PHILADELPHIA CHARTER SCHOOL PROVIDES YOUNG ADULTS 17-20 YEARS OLD WHO HAVE NOT COMPLETED HIGH SCHOOL WITH A CHANCE TO EARN A HIGH SCHOOL DIPLOMA AND DEVELOP MEANINGFUL JOB SKILLS THROUGH AN INNOVATIVE AND COMPREHENSIVE APPROACH TO LEARNING. THE PROGRAM BLENDS A RIGOROUS ACADEMIC CURRICULUM WITH HANDS-ON, INDUSTRY-RECOGNIZED VOCATIONAL TRAINING AND PREPARATION THROUGH COMMUNITY SERVICE. THROUGH OUR PROGRAM, STUDENTS DEVELOP REAL-WORLD SKILLS AND CERTIFICATIONS THAT ARE A FIRST STEP ON A CAREER LADDER IN A HIGH DEMAND INDUSTRY IN ORDER TO BREAK THE CYCLES OF POVERTY AND UNDER-EDUCATION IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Mccottry Board Chair | OfficerTrustee | 3 | $0 |
Martin Brigham Board Vice Chair | OfficerTrustee | 2 | $0 |
Nicole Connell Board Secretary | OfficerTrustee | 2 | $0 |
James Mergiotti Board Treasurer/fin. Chair | OfficerTrustee | 2 | $0 |
David E Thomas Program Cmte Chair | Trustee | 2 | $0 |
Kiley Smith Kelly Fundraising Cmte Chair | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Progressive Ventures Inc Rent | 6/29/22 | $486,085 |
Ascensus 401k Management | 6/29/22 | $320,272 |
Altus Partners Benefits Management | 6/29/22 | $106,273 |
Wpg Consulting It Managed Service Provider | 6/29/22 | $157,925 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $8,662 |
| Membership dues | $0 |
| Fundraising events | $39,957 |
| Related organizations | $0 |
| Government grants | $893,306 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,349,752 |
| Noncash contributions included in lines 1a–1f | $825,925 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,291,677 |
| Total Program Service Revenue | $2,121,892 |
| Investment income | $2,266 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,849 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,433,330 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $166,617 |
| Compensation of current officers, directors, key employees. | $26,882 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,153,207 |
| Pension plan accruals and contributions | $96,534 |
| Other employee benefits | $347,542 |
| Payroll taxes | $268,535 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $19,380 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $391,790 |
| Advertising and promotion | $0 |
| Office expenses | $37,417 |
| Information technology | $118,202 |
| Royalties | $0 |
| Occupancy | $612,124 |
| Travel | $3,635 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $99,280 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,544 |
| Insurance | $129,512 |
| All other expenses | $107,716 |
| Total functional expenses | $5,947,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $824,179 |
| Savings and temporary cash investments | $2,185,991 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,561,389 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $165,301 |
| Net Land, buildings, and equipment | $3,922,038 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,614 |
| Total assets | $8,696,512 |
| Accounts payable and accrued expenses | $482,311 |
| Grants payable | $0 |
| Deferred revenue | $68,190 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,423,330 |
| Other liabilities | $0 |
| Total liabilities | $1,973,831 |
| Net assets without donor restrictions | $3,593,961 |
| Net assets with donor restrictions | $3,128,720 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,696,512 |